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AUDUSD short setup
Australian Dollar / U.S. Dollar
Short
AUDUSD short setup
By Attack_Titan
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Jan 10, 2017
8
Jan 10, 2017
ABC formation with a rejection of previous resistance zone which happens to line up with the 61.8% level
Trade entry entered based on bearish candle close on the H4 which, on the H1 and less broke the inner upward trend line and closed below it.
TP lines up with monthly support area and AB=CD leg
AUDUSD
Attack_Titan
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